secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE BANCORP INC (EGBN)
CIK:        0001050441
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001050441-23-000121
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Bancorp terminates President of Commercial Banking Antonio F. Marquez effective Aug 31, 2023
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- Antonio F. Marquez, SEVP & President of Commercial Banking, terminated without cause due to position elimination.
- No successor will be named; severance includes one times base salary plus most recent cash bonus.
- Healthcare continuation for up to 12 months at active employee rates; supplemental retirement benefits not reduced despite early cessation.
- Payments conditioned on signing a release and complying with restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050441/000105044123000121/0001050441-23-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050441/000105044123000121/gnw-20230731.htm
  HTML page:      https://secwatch.observer/filing/0001050441-23-000121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer